Single Family for sale in Gulf Heights

5440 Palmetto St , Fort Myers Beach, FL 33931
Listed For$2,050,000

Details

6 Bedrooms
5 Baths
2934 Sq Ft
1971 Year Built
  • Property Type: Residential
  • Description: Single Family Residence
  • Community: GULF HEIGHTS
  • Subdivision: GULF HEIGHTS
  • County: Lee
  • Area: FB04 - Avenida Pescadora to S.Bd

Description

Discover the perfect blend of coastal living and exceptional income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat featuring direct beach access to the Gulf shoreline. Zoned for WEEKLY RENTALS, this versatile two-level home offers outstanding flexibility. Use it as a spacious single-family residence or operate it as a duplex with two fully functional living spaces—ideal for maximizing rental income, accommodating extended family, or enjoying as your private beach getaway. Recently remodeled and refreshed throughout, the property includes a NEW roof, NEW water heater, NEW siding, and NEW pool equipment, providing modern comfort and peace of mind. The private pool and expansive outdoor areas create the perfect setting for relaxation, entertaining, and embracing the coastal lifestyle. Currently managed by a local rental company, the home offers a projected gross annual rental revenue of $202,238, making it a compelling investment opportunity. With direct beach access, a flexible layout, and strong income potential, this coastal retreat delivers the ultimate combination of lifestyle, convenience, and financial return—perfect for hosting unforgettable family gatherings or welcoming vacationing guests year-round.

Features

Property Features

  • Exterior Features: Storage
  • Room Features: Breakfast Bar,Dining - Living,Eat-in Kitchen
  • Appliances: Dishwasher,Dryer,Microwave,Range,Refrigerator,Refrigerator/Freezer,Washer
  • Materials: Wood Frame,Wood Siding
  • Furnished: Turnkey
  • Cooling: Ceiling Fan(s),Central Electric
  • Flooring: Tile
  • Laundry: Laundry in Residence
  • Storm Protection: Impact Resistant Windows

Additional Details

  • Additional Rooms: Great Room,Guest Bath,Guest Room,Laundry in Residence
  • Pets Allowed: Yes
  • View: Landscaped Area,Partial Gulf
  • Total Floors: 1
  • Private Pool: Yes
  • Private Pool Description: Below Ground,Electric Heat

Waterfront Details

  • Waterfront Access: No
  • Waterfront Description: None
  • Boat Access: None

Community Details

  • Community Features: No Subdivision,Non-Gated
  • Restrictions:
  • Amenities: Barbecue,Beach Access,Internet Access

Schools

  • School District: Lee

Listing Details

  • Status Type: Active
  • Original List Price: $2,050,000
  • On Market Date: 3/02/2026
  • Last Change Date: 3/02/2026
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